AGE 5.56% 5.1¢ alligator energy limited

I think EW can be used even if there is a SPP, except I believe...

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    I think EW can be used even if there is a SPP, except I believe Wave 4s can sometimes enter the territory of Wave 2s which contradicts EW. I believe this could occur with AGE. I was being overly optimistic thinking a 50% retrace would be sufficient, and it still might be. However it's looking like a deeper retrace is to occur, similar to the following pattern in BUX.

    https://hotcopper.com.au/data/attachments/5613/5613057-ee41cf6fd6aebeae002e81784596b381.jpg


    I initially thought that AGE could be similar to C1X. It's a similar pattern but with a shorter retrace.

    https://hotcopper.com.au/data/attachments/5613/5613069-a48330e23fe8a63ce3313621d7c726f2.jpg





 
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